. Freedom of speech is taken for granted in Cyprus, with parts of the media often tolerating abusive remarks by politicians and government officials, while some editors and journalists commonly cross the
— PGA to manage golf facilities, develop academy — The MedGolf Group, a joint-venture partnership between Hassapis Land Developers, Demes Karapatakis’ DJK Corporation and Sakyrco has secured the green light to develop
Deutsche Bank Chief Executive Josef Ackermann is helping to coordinate efforts by Germany's private sector to support a rescue package for Greece, a source familiar with the matter said on Friday. The consortium
Total sales of petroleum products in March 2010 recorded an increase of 3.4% compared with the previous month, according to the Statistical Service. There was a large increase in sales of asphalt,
Industrial production in Cyprus recorded its smallest decline for 14 months according to our analysis. The Statistical Service reported that the index of industrial production fell by 2.7% in February compared with
U.S. economic growth probably slowed in the first quarter, data is expected to show on Friday, but resurgent consumer spending should offer evidence of a sustainable recovery. The economy expanded at a
Apple Inc Chief Executive Steve Jobs on Thursday sharply criticized Adobe Systems popular Flash multimedia software, calling it unreliable and ill-suited for mobile devices, escalating a pitched battle between the two companies.
Euro zone inflation edged up as expected in April but remained well below the European Central Bank's target, underlining market expectations of unchanged ECB interest rates until 2011. Consumer prices in the
European policymakers should abandon current efforts to help Greece and move to a plan B including debt restructuring and interest rate cuts, U.S. economist Nouriel Roubini said. In an opinion piece in
The cost of protecting government debt against default in Greece and Portugal fell on Friday as hopes an aid deal would be secured in coming days grew. Five-year credit default swaps (CDS)
